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Sold for $487,500
    • $487,500

    502-504 N 8th St, Allentown, PA 18102

    7beds
    4,425sqft
    Multi Family, Apartment, Single Family Residence
    Built in 1880
    -- sqft lot
    $529,800 Zestimate®
    $110/sqft
    $1,553 Estimated rent

    Home value

    $529,800

    $477,000 - $588,000

    $1,553/mo

    Zestimate® history
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    $1,553/mo

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    $3,237/mo

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    What's special

    Generously sized lotBrand new roof
    Unlock the doors to a prime investment with this detached 4-unit building, perfectly situated on a generously sized lot. Recently enhanced with a brand new roof, this property offers three 2-bedroom apartments and a cozy 1-bedroom unit, all poised to deliver consistent rental income. For the savvy investor, this property is a valuable addition to your portfolio, promising strong returns in a sought-after location. And for those looking to blend lifestyle with investment, live comfortably in one unit while enjoying the steady rental income from the others. Ideally located next to a convenient laundromat, this property combines practicality with opportunity, making it an unbeatable choice for both investors and owner-occupiers alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cliff M. Lewis 610-465-5600,

    Coldwell Banker Hearthside,

    Asia Smith 610-714-2118,

    Coldwell Banker Hearthside

    Bought with:

    Jesse S. Moyer, RS288975

    IronValley RE of Lehigh Valley

    Source: GLVR,MLS#: 740432MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas, Radiator(s)
    Cooling
    • None
    Features
    • Balcony
    Interior area
    • Total interior livable area: 4,425 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 549792475262 001
    • Zoning: R-Mh-Medium High Density
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment, Single Family Residence
    Materials
    • Brick, Vinyl Siding
    Condition
    • Unknown
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Escape
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $110/sqft
    • Tax assessed value: $155,000
    • Annual tax amount: $5,243
    • Date on market: 6/25/2024
    • Cumulative days on market: 127 days
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    1/10/2025Sold$487,500-2.3%$110/sqft
    Source: GLVR #740432 Report a problem
    12/4/2024Pending sale$499,000$113/sqft
    Source: GLVR #740432 Report a problem
    11/25/2024Price change$499,000-5%$113/sqft
    Source: GLVR #740432 Report a problem
    10/1/2024Listed for sale$525,000-6.3%$119/sqft
    Source: GLVR #740432 Report a problem
    8/28/2024Listing removed$560,000$127/sqft
    Source: GLVR #740432 Report a problem
    8/7/2024Price change$560,000-3.4%$127/sqft
    Source: GLVR #740432 Report a problem
    6/25/2024Listed for sale$580,000+22.1%$131/sqft
    Source: GLVR #740432 Report a problem
    5/23/2022Sold$475,000+156.8%$107/sqft
    Source: Public Record Report a problem
    3/18/2008Sold$185,000+68.2%$42/sqft
    Source: Public Record Report a problem
    10/21/2003Sold$110,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,434 $155,000
    2024$8,434 $155,000
    2023$8,434 $155,000
    2022$8,434 +3.4%$155,000
    2021$8,160 +1.5%$155,000
    2020$8,036 +11279.1%$155,000
    2019$71 +1.6%$155,000
    2018$70 $155,000
    2017-- $155,000
    2016-- $155,000
    2015-- $155,000 +190.8%
    2008-- $53,300
    2007-- $53,300
    2006-- $53,300
    2005-- $53,300
    2004-- $53,300
    2003-- $53,300
    Find assessor info on the county website

    Neighborhood: 8th Ward

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Allentown

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $529,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $529,800

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